The table below looks at the prevalence of the term Credit Derivative in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 30 April 2016 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
30 Apr 2016
Same period 2015 Same period 2014
Credit Derivatives
Rank 559 559 516
Rank change year-on-year
0 -43
Contract jobs citing Credit Derivative 68 39 78
As % of all contract IT jobs located in England 0.13% 0.077% 0.16%
As % of the Miscellaneous category 0.41% 0.24% 0.48%
Number of daily rates quoted 57 31 49
Average daily rate £610 £600 £550
Average daily rate % change year-on-year
+1.66% +9.09%
90% offered a daily rate of more than £548 £525 £375
10% offered a daily rate of more than £875 £725 £625
UK excluding London average daily rate - £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £30.00
UK excluding London average hourly rate - - -
Credit Derivative
UK

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the England region.

Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
16683 16288 16352
As % of all contract IT jobs located in England 32.56% 32.13% 32.87%
Number of daily rates quoted 10980 10006 10123
Average daily rate £425 £425 £413
Average daily rate % change year-on-year
- +3.03%
90% offered a daily rate of more than £275 £250 £230
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 533 621 718
Average hourly rate £21.36 £18.00 £20.00
Average hourly rate % change year-on-year
+18.63% -10.00%
90% offered a hourly rate of more than £12.00 £11.74 £11.50
10% offered a hourly rate of more than £47.39 £44.50 £42.50
UK excluding London average hourly rate £21.75 £18.90 £20.00
% change year-on-year
+15.07% -5.50%

Credit Derivative
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing Credit Derivative across the England region as a proportion of the total demand within the Miscellaneous category.

Credit Derivative Jobs Demand Trend in England

Credit Derivative
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Derivative across the England region.

Credit Derivative Daily Rate Trend in England

Credit Derivative
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Derivative across the England region over the 3 months to 30 April 2016.

Credit Derivative Daily Rate Histogram in England

Credit Derivative
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Derivative across the England region.

Credit Derivative Hourly Rate Trend in England

Credit Derivative
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Credit Derivative within the England region over the 3 months to 30 April 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +24 68 £610 +1.66% 1
Credit Derivative
UK

Credit Derivative
Top 30 Related IT Skills in England

For the 6 months to 30 April 2016, IT contractor jobs across the England region citing Credit Derivative also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Credit Derivative.

1 110 (98.21%) Derivative
2 67 (59.82%) Finance
3 63 (56.25%) Risk Management
4 62 (55.36%) Front Office
5 50 (44.64%) Credit Risk
6 44 (39.29%) Foreign Exchange (FX)
6 44 (39.29%) Fixed Income
7 40 (35.71%) Banking
8 34 (30.36%) C#
9 33 (29.46%) Murex
10 32 (28.57%) C++
11 29 (25.89%) Market Risk
12 23 (20.54%) Investment Banking
12 23 (20.54%) SQL
12 23 (20.54%) Multithreading
13 20 (17.86%) Java
14 19 (16.96%) Migration
15 18 (16.07%) Calypso
16 17 (15.18%) Validation
16 17 (15.18%) Spring
16 17 (15.18%) ION Trading
16 17 (15.18%) Mathematics
16 17 (15.18%) Spring Integration
17 16 (14.29%) Bloomberg
18 15 (13.39%) HTML
18 15 (13.39%) OO
18 15 (13.39%) Data Analysis
18 15 (13.39%) Translating Business Requirements
18 15 (13.39%) AngularJS
18 15 (13.39%) QA

Credit Derivative
Top Related IT Skills in England by Category

For the 6 months to 30 April 2016, IT contractor jobs across the England region citing Credit Derivative also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Credit Derivative. Up to 20 skills are shown per category.

Application Platforms
1 3 (2.68%) WebSphere
2 2 (1.79%) Tomcat
Applications
1 3 (2.68%) MS Visio
2 1 (0.89%) MS Excel
2 1 (0.89%) Spreadsheet
Business Applications
1 9 (8.04%) ION MarketView
2 4 (3.57%) Front Arena
3 1 (0.89%) SunGard GMI
Communications & Networking
1 1 (0.89%) NAS
1 1 (0.89%) SAN
Database & Business Intelligence
1 12 (10.71%) SQL Server
2 7 (6.25%) Relational Database
2 7 (6.25%) SQL Server Analysis Services
3 3 (2.68%) ObjectStore
3 3 (2.68%) PostgreSQL
4 2 (1.79%) Data Warehouse
4 2 (1.79%) MySQL
4 2 (1.79%) NoSQL
4 2 (1.79%) Star Schema
5 1 (0.89%) Oracle Database
5 1 (0.89%) RDBMS
Development Applications
1 2 (1.79%) PowerDesigner
2 1 (0.89%) Bower
2 1 (0.89%) MagicDraw
2 1 (0.89%) Maven
2 1 (0.89%) Toad
2 1 (0.89%) XMLSpy
2 1 (0.89%) Yeoman
General
1 67 (59.82%) Finance
2 62 (55.36%) Front Office
3 40 (35.71%) Banking
4 23 (20.54%) Investment Banking
5 3 (2.68%) Back Office
6 1 (0.89%) French Language
Job Titles
1 45 (40.18%) Analyst
2 43 (38.39%) Developer
3 40 (35.71%) Business Analyst
4 26 (23.21%) Credit Analyst
5 21 (18.75%) Murex Analyst
5 21 (18.75%) Murex Business Analyst
6 17 (15.18%) Credit Risk Manager
6 17 (15.18%) Risk Manager
7 16 (14.29%) Java Developer
7 16 (14.29%) Risk Analyst
8 15 (13.39%) Investment Banking Business Analyst
8 15 (13.39%) Risk Business Analyst
9 14 (12.50%) Front Office Business Analyst
10 13 (11.61%) Credit Risk Analyst
10 13 (11.61%) Quantitative Risk Manager
10 13 (11.61%) Senior Developer
11 12 (10.71%) Credit Risk Business Analyst
12 11 (9.82%) C++ Developer
13 10 (8.93%) Technical Analyst
13 10 (8.93%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 17 (15.18%) Spring
1 17 (15.18%) Spring Integration
2 15 (13.39%) AngularJS
2 15 (13.39%) HTML
3 13 (11.61%) XML
4 10 (8.93%) HTML5
5 9 (8.04%) Boost C++ Libraries
5 9 (8.04%) STL
6 6 (5.36%) Web Services
7 5 (4.46%) .NET
7 5 (4.46%) CSS
7 5 (4.46%) React
7 5 (4.46%) Twitter Bootstrap
7 5 (4.46%) WebSphere MQ
8 3 (2.68%) Django
8 3 (2.68%) Twisted
8 3 (2.68%) ZeroMQ
9 2 (1.79%) FIX Protocol
9 2 (1.79%) XML Messaging
10 1 (0.89%) XML Schema
Miscellaneous
1 110 (98.21%) Derivative
2 50 (44.64%) Credit Risk
3 44 (39.29%) Fixed Income
3 44 (39.29%) Foreign Exchange (FX)
4 29 (25.89%) Market Risk
5 17 (15.18%) Mathematics
6 6 (5.36%) Equities
7 4 (3.57%) Analytical Skills
8 3 (2.68%) Interest Rate Derivative
9 2 (1.79%) Algorithms
9 2 (1.79%) Computer Science
9 2 (1.79%) Data Structures
9 2 (1.79%) Grid Computing
9 2 (1.79%) Reference Data
10 1 (0.89%) Physics
10 1 (0.89%) Statistics
Operating Systems
1 12 (10.71%) Windows
2 9 (8.04%) Linux
3 2 (1.79%) Unix
Processes & Methodologies
1 63 (56.25%) Risk Management
2 23 (20.54%) Multithreading
3 19 (16.96%) Migration
4 17 (15.18%) Validation
5 15 (13.39%) Data Analysis
5 15 (13.39%) OO
5 15 (13.39%) Translating Business Requirements
6 14 (12.50%) Monte Carlo Method
6 14 (12.50%) Risk Assessment
6 14 (12.50%) SDLC
7 13 (11.61%) Agile Software Development
7 13 (11.61%) User Acceptance Testing
8 12 (10.71%) TDD
9 11 (9.82%) Stakeholder Management
10 10 (8.93%) Collateral Management
10 10 (8.93%) Scrum
11 9 (8.04%) Event-Driven Architecture
12 7 (6.25%) Business Analysis
12 7 (6.25%) Requirements Analysis
13 6 (5.36%) Stress Testing
Programming Languages
1 34 (30.36%) C#
2 32 (28.57%) C++
3 23 (20.54%) SQL
4 20 (17.86%) Java
5 12 (10.71%) Python
6 2 (1.79%) IronPython
6 2 (1.79%) Perl
6 2 (1.79%) R
6 2 (1.79%) Tcl
6 2 (1.79%) T-SQL
6 2 (1.79%) VBA
7 1 (0.89%) Scala
Qualifications
1 14 (12.50%) PhD
2 1 (0.89%) Degree
Quality Assurance & Compliance
1 15 (13.39%) QA
2 1 (0.89%) ISO20022
2 1 (0.89%) MiFID
2 1 (0.89%) SLA
System Software
1 1 (0.89%) Veritas Cluster Server
Systems Management
1 1 (0.89%) BMC PATROL
1 1 (0.89%) ITRS Geneos
1 1 (0.89%) Nagios
1 1 (0.89%) Tivoli
Vendors
1 33 (29.46%) Murex
2 18 (16.07%) Calypso
3 17 (15.18%) ION Trading
4 16 (14.29%) Bloomberg
5 8 (7.14%) Oracle
6 5 (4.46%) Sencha
7 2 (1.79%) Sybase
8 1 (0.89%) FactSet
8 1 (0.89%) SunGard
8 1 (0.89%) Tradeweb
8 1 (0.89%) Veritas